Worth its weight in metal
The industry will continue to surge forward, driven by strong downstream demand from metal manufacturers. Metal manufacturers will increasingly use scrap metal as part of the production processing, stimulating revenue growth. The number of companies is set to increase modestly over the period, due to rising consolidation and vertical integration.
This industry comprises establishments that wholesale automotive scrap, industrial scrap and other recyclable materials. The industry includes auto wreckers that dismantle motor vehicles for the purpose of wholesale scrap. It also includes establishments that break up, sort and wholesale all forms of scrap iron and steel using power processing equipment such as cranes, hydraulic shears, baling equipment and cable strippers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.